Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in South Africa - 2024
Contents:
- Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in South Africa (CIF) - 2024
- Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in South Africa (FOB) - 2022
- Imports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in South Africa
- Exports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in South Africa
Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in South Africa (CIF) - 2024
The average import price for insulated electric conductors for a voltage under 1000 v, fitted with connectors stood at $10,567 per ton in January 2024, dropping by -8.1% against the previous month. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in July 2023 an increase of 38% against the previous month. The import price peaked at $13,436 per ton in March 2023; however, from April 2023 to January 2024, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was the United States ($80,787 per ton), while the price for China ($7,838 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by China (+0.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in South Africa (FOB) - 2022
In 2022, the average export price for insulated electric conductors for a voltage under 1000 v, fitted with connectors amounted to $13,090 per ton, with an increase of 3.3% against the previous year. In general, the export price continues to indicate a pronounced expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by 246% against the previous year. Over the period under review, the average export prices attained the peak figure at $14,393 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Ghana ($22,695 per ton), while the average price for exports to Lesotho ($4,073 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ghana (+12.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in South Africa
In 2022, the amount of insulated electric conductors for a voltage under 1000 v, fitted with connectors imported into South Africa expanded significantly to 9.2K tons, picking up by 6.5% compared with 2021. The total import volume increased at an average annual rate of +10.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 28%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, imports of insulated electric conductors for a voltage under 1000 v, fitted with connectors soared to $109M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +15.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.8% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 47%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 37.0 | 29.0 | 38.2 | 41.7 | 4.1% |
| Botswana | 0.4 | 5.1 | 8.6 | 22.1 | 280.9% |
| Germany | 5.0 | 4.7 | 5.3 | 4.9 | -0.7% |
| Czech Republic | 2.9 | 2.0 | 2.8 | 2.2 | -8.8% |
| Italy | 1.4 | 1.4 | 4.7 | 1.4 | 0.0% |
| Others | 24.3 | 21.1 | 33.3 | 36.3 | 14.3% |
| Total | 70.9 | 63.2 | 92.9 | 109 | 15.4% |
Top Suppliers of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors to South Africa in 2022:
- China (5.7K tons)
- Botswana (2.3K tons)
- Italy (0.1K tons)
- Czech Republic (0.1K tons)
- Germany (0.1K tons)
Exports of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in South Africa
Exports of insulated electric conductors for a voltage under 1000 v, fitted with connectors from South Africa skyrocketed to 4K tons in 2022, picking up by 21% on the year before. In general, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +11.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +51.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 25% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in the near future.
In value terms, exports of insulated electric conductors for a voltage under 1000 v, fitted with connectors skyrocketed to $52M in 2022. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +9.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +68.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 35% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.
| Export of Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 10.2 | 11.4 | 8.7 | 12.3 | 6.4% |
| United States | 7.3 | 3.1 | 7.1 | 9.9 | 10.7% |
| Democratic Republic of the Congo | 1.6 | 1.3 | 1.8 | 4.0 | 35.7% |
| Zimbabwe | 0.6 | 1.1 | 1.8 | 2.7 | 65.1% |
| Zambia | 1.3 | 0.7 | 2.7 | 2.0 | 15.4% |
| Namibia | 2.1 | 1.0 | 1.9 | 1.9 | -3.3% |
| Mauritius | N/A | N/A | 0.1 | 1.2 | 1100.0% |
| Botswana | 0.8 | 0.7 | 1.6 | 1.2 | 14.5% |
| Swaziland | 0.3 | 0.2 | 0.9 | 0.8 | 38.7% |
| Chile | 1.7 | 0.4 | 1.5 | 0.8 | -22.2% |
| Mozambique | 1.3 | 1.2 | 0.7 | 0.8 | -14.9% |
| Angola | 0.4 | 0.3 | 0.1 | 0.5 | 7.7% |
| Lesotho | 0.2 | 0.2 | 0.2 | 0.4 | 26.0% |
| Others | 11.9 | 9.0 | 12.0 | 13.1 | 3.3% |
| Total | 39.8 | 30.6 | 41.2 | 51.5 | 9.0% |
Top Export Markets for Insulated Electric Conductors for A Voltage Under 1000 V, Fitted with Connectors from South Africa in 2022:
- Australia (1050.1 tons)
- United States (684.8 tons)
- Zimbabwe (607.0 tons)
- Democratic Republic of the Congo (407.1 tons)
- Botswana (153.4 tons)
- Namibia (134.2 tons)
- Zambia (132.5 tons)
- Mauritius (98.3 tons)
- Lesotho (94.3 tons)
- Chile (88.2 tons)
- Swaziland (87.4 tons)
- Angola (81.8 tons)
- Mozambique (36.2 tons)
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